Buying a fixer-upper can help a home buyer get a great deal on a new home. However, doing so may come with serious repercussions if the home buyer does not do proper research and understand what the process entails. From accurately evaluating the need for repairs, to ensuring the home’s price is low enough to bring a profit after the purchase, buyers need a clear understanding of what they are facing before purchasing a home that needs a lot of work. Proper Home Valuation Is Needed First, … [Read more...]
What You Should Know About Foreclosure Protections
Mortgages financed by Freddie Mac, Fannie Mae, or the federal government have two foreclosure protections. They include a temporary suspension… READ MORE